Here come factory orders ...

The latest data on US factory orders will be released at the top of the hour.

Economists estimate that once again, factory orders fell. The consensus is for a 0.9% drop in September, compared following a -1.7% drop in the prior period.

In a preview to clients, UBS' Sam Coffin wrote, "The weakness in durable goods orders was probably compounded by a price-related drop in nondurables orders. Nondurable inventories probably also were trimmed by falling prices. The impact on GDP will be lessened by the extent to which that weakness reflected prices rather than real volumes."

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